This is certainly new, I found a few flyers for Sega’s upcoming arcade titles including Primeval Hunt, RaceTV and the arcade version of Virtua Fighter 5 on a distributor website. In regards to Primeval

[Via Insert Credit] (Click on the image to enlarge) Pirate Revenge is an arcade/redemption title by IGS (also known as American Alpha) that appears to be a new title from the aforementioned company although